10320 Federal Register / Vol. 73, No. 38 / Tuesday, February 26, 2008 / Notices 

7 In approving this proposal, the Commission has 

considered the proposed rule’s impact on 

efficiency, competition, and capital formation. 15 

U.S.C. 78c(f). 

8 15 U.S.C. 78f(b). 

9 15 U.S.C. 78f(b)(5). 

10 15 U.S.C. 78s(b)(2). 

11 17 CFR 200.30–3(a)(12). 

III. Discussion 

The Commission finds that the 

proposed rule change is consistent with 

the requirements of the Act and the 

rules and regulations thereunder 

applicable to a national securities 

exchange 7 and, in particular, the 

requirements of Section 6(b) of the Act 8

and the rules and regulations 

thereunder. Specifically, the 

Commission finds that the proposal is 

consistent with Section 6(b)(5) of the 

Act,9 in that the proposal promotes just 

and equitable principles of trade, 

prevents fraudulent and manipulative 

acts, removes impediments to and 

perfects the mechanism of a free and 

open market and a national market 

system, and, in general, protects 

investors and the public interest. 

The Commission considers that in 

most circumstances trades that are 

executed between parties should be 

honored. On rare occasions, the price of 

the executed trade indicates an 

‘‘obvious error’’ may exist, suggesting 

that it is unrealistic to expect that the 

parties to the trade had come to a 

meeting of the minds regarding the 

terms of the transaction. In the 

Commission’s view, the determination 

of whether an ‘‘obvious error’’ has 

occurred should be based on specific 

and objective criteria and subject to 

specific and objective procedures. 

The provisions of Rule 24.16 that 

relate to an erroneous print or quote in 

the underlying market would be revised 

to permit the Exchange to designate the 

underlying or related instruments that 

can be used as a basis for determining 

whether there is an erroneous print or 

quote in such instrument that indicates 

an obvious error has occurred. This 

revision recognizes that market 

participants trading in the index, ETF, 

or HOLDRS options may base their 

options pricing on trading in various 

markets and instruments. By requiring 

the underlying related instrument to be 

derived from or track the same 

underlying index, the Exchange has set 

forth objective criteria that must be met 

before it can designate such underlying 

or related instrument for use in the 

obvious error analysis. The elimination 

of the provision for trades below 

intrinsic value would align Rule 24.16 

with the Exchange’s obvious error rule 

for equity options, which does not 

contain a similar provision. The 

revisions to the ‘‘no bid series’’

provision incorporate additional 

objective factors to be used by CBOE in 

determining whether an obvious error 

exists. 

In the Commission’s view, the 

proposed changes to Rule 24.16 are 

appropriate and are consistent with the 

Act. These revisions provide reasonable 

and objective measures to assist the 

Exchange in ascertaining whether an 

obvious error has occurred in the 

aforementioned circumstances. 

IV. Conclusion 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,10 that the 

proposed rule change (SR–CBOE–2007–

03), as amended, is hereby approved. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.11

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. E8–3553 Filed 2–25–08; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

National Women’s Business Council; 

Notice of Public Meeting 

In accordance with the Federal 

Advisory Committee Act, 5 U.S.C. App 

2, 10(a)(2) and Women’s Business 

Ownership Act, Public Law 106–554 as 

amended, notice is hereby given that the 

National Women’s Business Council 

(NWBC) will hold a public meeting. The 

meeting will be held on Thursday, 

March 13, 2008, from 8:30 a.m. until 12 

p.m. at The Longaberger Company, 1500 

E. Main Street, Newark, Ohio 43055. 

The issues to be discussed are the 

NWBC’s fiscal year 2007 reports, the 

2008 budget and projects, and the 

swearing-in of new members. 

This meeting is open to the public, 

however, advance notice of attendance 

is requested. Anyone wishing to attend 

the Council meeting should contact 

Katherine Stanley no later than Friday 

March 7, 2008 by e-mail at 

Katherine.stanley@nwbc.gov or fax to 

202–205–6825. 

Anyone wishing to make a 

presentation to the Council during the 

meeting must contact Margaret M. 

Barton in writing, at the National 

Women’s Business Council, 409 Third 

Street, SW., Suite 210, Washington, DC 

20024, by e-mail at 

Margaret.barton@nwbc.gov or fax to 

202–205–6825 by Friday March 7, 2008, 

in order to be put on the agenda. 

Cherylyn LeBon, 

Assistant Administrator for 

Intergovernmental Affairs, SBA Committee 

Management Officer. 

[FR Doc. E8–3617 Filed 2–25–08; 8:45 am] 

BILLING CODE 8025–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

Agency Information Collection Activity 

Seeking OMB Approval 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice. 

SUMMARY: The FAA invites public 

comments about or intention to request 

the Office of Management and Budget’s 

(OMB) revision of a current information 

collection. The Federal Register Notice 

with a 60-day comment period soliciting 

comments on the following collection of 

information was published on December 

6, 2007, vol. 72, no. 234, page 68948. 

This project involves collecting data 

from recently certified ASEL pilots on 

the quality of their flight training and 

practical test experiences. 

DATES: Please submit comments by 

March 27, 2008. 

FOR FURTHER INFORMATION CONTACT: 

Carla Mauney at Carla.Mauney@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Federal Aviation Administration (FAA) 

Title: 2005 Private Single-Engine Land 

Pilot Assessment of Instruction and 

Practical Test Experiences. 

Type of Request: Revision of a 

currently approved collection. 

OMB Control Number: 2120–0696. 

Forms(s): There are no FAA forms 

associated with this collection. 

Affected Public: An estimated 6,000 

respondents. 

Frequency: This information is 

collected on occasion. 

Estimated Average Burden per 

Response: Approximately 1 hour per 

response. 

Estimated Annual Burden Hours: An 

estimated 6,000 hours annually. 

Abstract: This project involves 

collecting data from recently certified 

ASEL pilots on the quality of their flight 

training and practical test experiences. 

ADDRESSES: Interested persons are 

invited to submit written comments on 

the proposed information collection to 

the Office of Information and Regulatory 

Affairs, Office of Management and 

Budget. Comments should addressed to 

mstockstill on PROD1PC66 with NOTICES

Federal Register / Vol. 73, No. 38 / Tuesday, February 26, 2008 / Notices 10321 

Nathan Lesser, Desk Officer, Department 

of Transportation/FAA, and sent via 

electronic mail to 

oira_submission@omb.eop.gov or faxed 

to (202) 395–6974. 

Comments are invited on: Whether 

the proposed collection of information 

is necessary for the proper performance 

of the functions of the Department, 

including whether the information will 

have practical utility; the accuracy of 

the Department’s estimates of the 

burden of the proposed information 

collection; ways to enhance the quality, 

utility, and clarity of the information to 

be collected; and ways to minimize the 

burden of the collection of information 

on respondents. 

Issued in Washington, DC, on February 19, 

2008. 

Carla Mauney, 

FAA Information Collection Clearance 

Officer, IT Enterprises Business Services 

Division, AES–200. 

[FR Doc. 08–830 Filed 2–25–08; 8:45 am] 

BILLING CODE 4910–13–M 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

Agency Information Collection Activity 

Seeking OMB Approval 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice. 

SUMMARY: The FAA invites public 

comments about our intention to request 

the Office of Management and Budget’s 

(OMB) revision of a current information 

collection. The Federal Register Notice 

with a 60-day comment period soliciting 

comments on the following collection of 

information was published on December 

6, 2007, vol. 72, no. 234, pages 68948–

68949. The respondents are those 

airport operators voluntarily submitting 

noise exposure maps and noise 

compatibility programs to the FAA for 

review and approval. 

DATES: Please submit comments by 

March 27, 2008. 

FOR FURTHER INFORMATION CONTACT: 

Carla Mauney at Carla.Mauney@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Federal Aviation Administration (FAA) 

Title: Airport Noise Compatibility 

Planning. 

Type of Request: Revision of a 

currently approved collection. 

OMB Control Number: 2120–0517. 

Form(s): There are no forms 

associated with this collection. 

Affected Public: An estimated 15 

respondents. 

Frequency: This information is 

collected on occasion. 

Estimated Average Burden per 

Response: Approximately 3,883 hours 

per response. 

Estimated Annual Burden Hours: An 

estimated 58,240 hours annually. 

Abstract: The respondents are those 

airport operators voluntarily submitting 

noise exposure maps and noise 

compatibility programs to the FAA for 

review and approval. 

ADDRESSES: Interested persons are 

invited to submit written comments on 

the proposed information collection to 

the Office of Information and Regulatory 

Affairs, Office of Management and 

Budget. Comments should be addressed 

to Nathan Lesser, Desk Officer, 

Department of Transportation/FAA, and 

sent via electronic mail to 

oira_submission@omb.eop.gov or faxed 

to (202) 395–6974. 

Comments are invited on: Whether 

the proposed collection of information 

is necessary for the proper performance 

of the functions of the Department, 

including whether the information will 

have practical utility; the accuracy of 

the Department’s estimates of the 

burden of the proposed information 

collection; ways to enhance the quality, 

utility, and clarity of the information to 

be collected; and ways to minimize the 

burden of the collection of information 

on respondents, including the use of 

automated collection techniques or 

other forms of information technology. 

Issued in Washington, DC, on February 19, 

2008. 

Carla Mauney, 

FAA Information Collection Clearance 

Officer, IT Enterprises Business Services 

Division, AES–200. 

[FR Doc. 08–831 Filed 2–25–08; 8:45 am] 

BILLING CODE 4910–13–M 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

Executive Committee of the Aviation 

Rulemaking Advisory Committee; 

Meeting 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice of meeting. 

SUMMARY: The FAA is issuing this notice 

to advise the public of a meeting of the 

Executive Committee of the Aviation 

Rulemaking Advisory Committee. 

DATES: The meeting will be on April 8, 

2008, at 10 a.m. 

ADDRESSES: The meeting will take place 

at the Federal Aviation Administration, 

800 Independence Avenue, SW., 

Washington, DC, 20591, 10th floor, 

MacCracken Room. 

FOR FURTHER INFORMATION CONTACT: 

Gerri Robinson, Federal Aviation 

Administration, 800 Independence 

Avenue, SW., Washington, DC 20591, 

telephone (202) 267–9678; fax (202) 

267–5075; e-mail 

Gerri.Robinson@faa.gov. 

SUPPLEMENTARY INFORMATION: Under 

section 10(a)(2) of the Federal Advisory 

Committee Act (5 U.S.C. App. 2), we are 

giving notice of a meeting of the 

Executive Committee of the Aviation 

Rulemaking Advisory Committee taking 

place on April 8, 2008, at the Federal 

Aviation Administration, 800 

Independence Avenue, SW., 

Washington, DC, 20591. The agenda 

includes: 

• Introduction of new Assistant 

Chairs. 

• Continuous Improvement 

(Committee Process). 

• Part 147 Working Group Report. 

• Issue Area Status Reports from 

Assistant Chairs. 

• Remarks from other EXCOM 

members. 

Attendance is open to the interested 

public but limited to the space 

available. The FAA will arrange 

teleconference service for individuals 

wishing to join in by teleconference if 

we receive notice by April 1. 

Arrangements to participate by 

teleconference can be made by 

contacting the person listed in the FOR

FURTHER INFORMATION CONTACT section. 

Callers outside the Washington 

metropolitan area are responsible for 

paying long-distance charges. 

The public must arrange by April 1 to 

present oral statements at the meeting. 

The public may present written 

statements to the executive committee 

by providing 25 copies to the Executive 

Director, or by bringing the copies to the 

meeting. 

If you are in need of assistance or 

require a reasonable accommodation for 

this meeting, please contact the person 

listed under the heading FOR FURTHER

INFORMATION CONTACT. 

Issued in Washington, DC, February 13, 

2008. 

Pamela A. Hamilton-Powell, 

Executive Director, Aviation Rulemaking 

Advisory Committee. 

[FR Doc. E8–3587 Filed 2–25–08; 8:45 am] 

BILLING CODE 4910–13–P 

mstockstill on PROD1PC66 with NOTICES